Risk, kinship and personal relationships in late eighteenth-century West Indian trade: The commercial network of Tobin & Pinney

26 12 2010

“Risk, kinship and personal relationships in late eighteenth-century West Indian trade: The commercial network of Tobin & Pinney”
That’s the title of an interesting article in the current issue of Business History by Albane Forestier, who is a research fellow at the French Atlantic Research Group at McGill University.

Abstract:
Which strategies enabled merchants to sustain commercial expansion in the risky context of Atlantic trade? This study evaluates the role of kinship and long-term relationships as solutions to the problems posed by long-distance trade, when there is a common national and legal framework. Tobin & Pinney did not rely much on family connections to develop and support their operations. As former planters themselves, they took advantage of the contacts and ‘friendships’ they had established with planters and agents in Nevis before setting up in the commission trade in Bristol, and their success was based on repeated interaction and their former proximity to the Nevis planter class. This risk reduction strategy however limited the partners’ ability to expand their business beyond Nevis.

Based at McGill University in Montreal, and drawing on the faculty and resources of all four universities in the city (McGill, the Université de Montréal, Concordia University, and the Université du Québec à Montréal), the French Atlantic History Group acts as a forum for new research in the history of the Francophone Atlantic world in the early modern period (1500-1830). The program includes a series of four biannual workshops, a visiting speaker series, a conference, and support for research, graduate students and post-doctoral fellows.

Nevis


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